311 N Idaho ST new

La Habra,CA 90631

$ 4316000

- Bed

- Bath

- SqFt


Key Details

Property Type Condo

Sub Type Apartment

Listing Status Active

Purchase Type For Sale

MLS Listing ID OC24237674

HOA Y/N No

Year Built 1955

Lot Size 0.545 Acres

Property Description

311 Apartment Homes (the “Property”) is located at 311 North Idaho Street in La Habra, CA. The Property consist of 9 low density
garden style units in two single story buildings. The asset features an excellent unit mix consisting of seven (7) 1 bedroom / 1
bathroom units and two (2) newly constructed 3 bedroom / 2 bathroom units on a spacious 23,724 square foot parcel. The property
includes 12 assigned parking spaces, is separately metered for gas and electric, and residents enjoy large private yards.
311 Apartment Homes has recently undergone a comprehensive renovation program with over $1.1 million invested into upgrading
the property. As such, residents are provided a high quality living experience and a new owner will enjoy a truly turn-key investment
property.
Property improvements completed include, but are not limited to, complete unit interior renovation to all units (addition of in-suite
laundry, plank vinyl flooring, new cabinets, quartz countertops, new bathtub and shower surrounds, new electrical subpanels,
upgraded lighting package, fresh paint, central AC and heat, stainless steel appliances and modern finishes), new windows, new
unit entry doors, new fencing, complete landscaping replacement, concrete replacement & repair, roof repair, stucco repair &
exterior paint, asphalt repair / replacement and new exterior lighting.
311 Apartment Homes is conveniently located between two large shopping centers, La Habra Gateway and La Habra Marketplace,
both of which provide a variety of dining, shopping and entertainment opportunities. The Property is located near Beach Boulevard
and Imperial Highway , making for a easy commute to the greater Orange County and Los Angeles County metros.
Given the scope of the renovations, the current rents being achieved, and the ancillary income produced, this is an amazing turnkey,
stabilized multifamily asset in a strong performing market.

Location

State CA

County Orange

Area 699 - Not Defined

Interior

Interior Features Ceiling Fan(s),Quartz Counters,Recessed Lighting

Heating Central

Cooling Central Air

Fireplaces Type None

Fireplace No

Appliance Dishwasher,Freezer,Gas Oven,Gas Range,Microwave,Refrigerator,Dryer,Washer

Exterior

Garage Assigned

Pool None

Community Features Curbs,Gutter(s),Storm Drain(s),Sidewalks

Total Parking Spaces 12

Private Pool No

Building

Lot Description 21-25 Units/Acre

Story 1

Sewer Public Sewer

Water Public

Architectural Style Bungalow

New Construction No

Others

Senior Community No

Tax ID 01808722

Acceptable Financing Cash,Cash to New Loan,1031 Exchange

Listing Terms Cash,Cash to New Loan,1031 Exchange

Special Listing Condition Standard

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